Top 4 Intraday Stocks: After 5 consecutive days of decline, the market showed a mood of recovery. During the morning, Nifty improved by about 50 points and came out above 23600. Bank Nifty is seeing more uptrend.
Midcap and Smallcap appeared strong by more than one percent. In such a situation, An analyst from a brokerage firm suggested a cheap option on Coforge for short-term earnings in the market.
While A research analyst called Trent a superstar stock. Apart from this, a SEBI registered Research Analyst bet on Indian Hotels for the miracle of the chart. An equity researcher & analyst suggested midcap stock on Sirma SGS Tech.
Know how much target price the experts gave on which stocks-
Coforge
An analyst from a brokerage firm has suggested a cheap option in Coforge Ltd stock. He said that buying a call with a strike of 8200 with a November expiry can give good returns.
Buy it at the level of Rs 121. A target of Rs 250 can be seen in this. Also, a stop loss should be placed at Rs 70.
Trent
The research analyst of manasjaiswal.com advised to sell Trent Ltd. He said that sell Trent Ltd at the level of Rs 6416.
A target of Rs 6175 can be seen in the future. Put a stoploss at Rs 6571 in this.
Indian Hotels
The SEBI registered Research Analyst of prakashgaba.com advised buying Indian Hotels Co Ltd. He said that buys Indian Hotels at the level of Rs 726.
This can be seen as a medium-to-long-term target of 740 rupees. Put a stoploss at Rs 717 in this.
Syrma SGS Tech
The equity researcher & analyst of a broker company has chosen the stock of Syrma SGS Technology Ltd from the midcap segment.
He said that from a long-term perspective, one should buy the stock of Syrma SGS Tech at the level of Rs 549. If one stays in this, then a target of Rs 620 can be seen in the medium to long term.
Quick Fact
Company name: Coforge
| Coforge | Details |
|---|---|
| Option Type | Buy Call Option |
| Strike Price | ₹8200 |
| Expiry | November |
| Buy Level | ₹121 |
| Possible Target Price | ₹250 |
| Stop Loss | ₹70 |
Company name: Trent
| Trent | Details |
|---|---|
| Action | Sell |
| Sell Level | ₹6416 |
| Possible Target Price | ₹6175 |
| Stop Loss | ₹6571 |
Company name: Indian Hotels
| Indian Hotels | Details |
|---|---|
| Action | Buy |
| Buy Level | ₹726 |
| Possible Target Price | ₹740 |
| Stop Loss | ₹717 |
| Time | Medium to Long |
Company name: Syrma SGS Tech
| Syrma SGS Tech | Details |
|---|---|
| Action | Buy |
| Buy Level | ₹549 |
| Possible Target Price | ₹620 |
| Time | Medium to Long |
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